Toyota, PSA/Peugeot-Citroen, Fiat and BMW are on course to meet EU CO2 reduction targets ahead of schedule, a report says.
Toyota faces the lowest percentage reduction – just 4 percent in six years -- to reach its EU target of average fleet emissions of 127 grams per kilometer by 2015.
Last year Toyota was Europe's second “greenest” automaker with average CO2 emissions from its new car fleet of 132g/km, just 1g/km behind Fiat's average of 131g/km.
Toyota is the best placed among automakers to reach its 2015 target, according to the Brussels-based green transport campaigners Transport & Environment, which analyzed official EU data.
PSA comes second – it has to reduce emissions by 5 percent from 136g/km in 2009 to a target of 129g/km by 2015.
Fiat must cut another 10g/km – or 8 percent – to reach its target of 121g/km by 2015, the lowest among automakers as the Italian automaker, which sells mainly small cars, has the lightest average weight for its models at 1,136kgs compared to an 1,337 kg overall average last year.
BMW is No. 11 in a list of automakers ranked by CO2 emissions but it has to reduce emissions by only 8 percent to reach its 2015 target of 139g/km from 151g/km in 2009.
To reduce the amount of CO2 emissions, a gas blamed for climate change, the EU set automakers individual CO2 reduction targets as part of a goal to cut average new-car emissions in Europe overall to 130g/km by 2015 from 160g/km in 2006 The EU threatens heavy fines for companies that fail to reach their targets.